We are in the middle of a sea change in the collector-car world. In my three decades of publishing Sports Car Market, I have never seen anything like it.
Much has been written about the changing of the collector-car guard, with Millennials and Gen Xers rapidly joining Baby Boomers as front-line buyers and sellers.
It’s happening right before our eyes. Take a look at major auction company catalogs.
Up until five years ago, their catalogs pretty much ignored cars built Read More
January 5 was a crisp and clear Saturday in Portland. I had no inkling that my life, in the blink of an eye, was about to turn upside down.
I ran an easy three miles along the Willamette River that morning. That afternoon I watched the NFL playoffs. The Ravens were playing catch-up to the Chargers. I lost interest and decided to take a shower during halftime.
While in the shower I noticed my left leg getting wobbly, but I Read More
Editor’s note: Publisher Keith Martin is making steady, strong progress on his stroke rehab. In fact, he’s back to writing his weekly blog for the SCM Email Newsletter. That said, we’ve invited a few friends to fill in for Publisher Martin’s “Shifting Gears” column until he’s ready to return. This month, Donald Osborne is here to share his thoughts.
On January 17, I moderated SCM’s Sixth Annual Scottsdale Insider’s Seminar at Gooding & Company. Panelists Carl Bomstead; Mark Hyman, owner Read More
Exactly 20 years ago, I wrote this lead to the “Shifting Gears” column for the March 1999 issue of Sports Car Market:
Would you have bought it anyway?
That’s what we seem to be asked most frequently about our 1964 Ferrari 330 America, pulled from a barn in Butte, MT, last October.
As the bills pile up, and the car remains stationary, that’s a fair question.
Since taking delivery of s/n 330GT5077, we’ve had Nasko of Nasko’s Imports put in Read More
Irecently had a chance to drive two state-of-the-art supercars — a McLaren 720S and a Ferrari GTC4Lusso T.
The press kits that accompanied each car were full of cutting-edge technobabble. Lightweight turbines capable of 160,000 rpm. Twin injectors improving fuel nebulization. Magnetorheological dampers.
They carry price tags worthy of their prowess. The 720S that I drove stickers at $324,135, while the Lusso is at $347,930.
If this seems like a lot of money to you, you’re probably not a target Read More
I grew up in the Parkside District of San Francisco, with a view of the Pacific Ocean from the bedroom in the back of our house.
There was a bakery shop around the corner on Taraval Street. Each day on the way home from elementary school, I would stop in. The baker would squirt some icing into my mouth. I can still recall the sugar high when it hit my taste buds.
It’s no different now when I’m at a Read More
On July 12 of this year, the last of the classic cars on the SCM 30th Anniversary tour arrived at the posh Heathman Hotel in downtown Portland, OR.
For the previous four days, these 1950s and 1960s sports cars, all owned and driven by SCM subscribers, explored the backroads of Oregon. Stops included Timberline Lodge on Mount Hood, Crater Lake and the lava fields of the McKenzie Pass.
Longtime contributor Ken Gross chronicles his participation in the event on p. Read More
In the years that SCM has been reporting on Monterey, we’ve watched the auction sales totals go from $10.8m in 1996 to this year’s $374.4m.
From just 209 cars being offered in 1996 at Monterey (Rick Cole and Christie’s), there were 1,389 cars looking for new buyers this year at six auctions.
The 2018 results mark this as “only the third-best Monterey,” with $396.7m in 2015 and $463.7m in 2014 holding the top positions for exuberant spending.
This issue of Read More
I’ve known Brad Miller for 20 years. We have many mutual friends, and his wife, Nancy, and I serve together on the board of directors of Oregon Ballet Theatre.
Brad, who’s a successful real-estate investor, and Nancy keep a barge in France in which they ply the canals of Europe several months each year.
He’s always been interested in sports cars, had a variety of late-model Porsches over the years and recently bought a 2010 Carrera S cabriolet.
He’s often Read More
For the past 40 years, the Ferrari 250 GTO has been the “Mona Lisa” of the collector-car market.
They represent the last of the front-engined Ferrari customer cars that could be driven on the street and then taken to the track. They were contenders for overall victory in events such as the Tour de France. In their era, they were the ultimate usable supercar.
When one comes to market, the world sits up and notices.
In 2014, Alexandra and I Read More